Search results for: NStar

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  • 7 January 2015
    Business & Finance

    Cape wind was dealt a significant setback by both NStar and National Grid yesterday. Namely, the two Massachusetts’ utilities decided to terminate the power purchase agreement as the wind farm developer failed to meet the deadline to obtain financing and begin construction by the end of 2014. Northeast Utilities spokeswoman Caroline Pretyman said: “Unfortunately, Cape […]

  • 1 May 2014
    Authorities, Wind Farm Update

    The U. S. District Court of Massachusetts is contemplating a decision regarding a lawsuit against the Cape Wind’s contract with power utility NStar. Town of Barnstable, local businesses, residents, and the Alliance to Protect Nantucket Sound (APNS) filed the lawsuit to the U.S. District Court on January 21. They claim that the state coerced NStar […]

  • 22 January 2014
    Authorities, Wind Farm Update

    Town of Barnstable, local businesses, residents, and the Alliance to Protect Nantucket Sound (APNS) filed a lawsuit to the U.S. District Court yesterday against NSTAR’s no-bid contract to purchase electricity from Cape Wind offshore wind farm. The lawsuit against Massachusetts regulators, NSTAR, and Cape Wind says that the State discriminated against out-of-state power companies – […]

  • 28 November 2012
    Environment

    The Alliance to Protect Nantucket Sound (APNS) has condemned a decision by the Department of Public Utilities to approve a contract between Cape Wind and NStar, saying that it would cost ratepayers an additional one billion dollars in added electricity costs for only 27.5 percent of Cape Wind’s overpriced power.   NStar has received approval […]

  • 27 November 2012

    Cape Wind secured another major milestone with the approval by the Massachusetts Department of Public Utilities (DPU) of the 15-year Power Purchase Agreement (PPA) with NSTAR to buy Cape Wind’s energy, capacity and renewable energy credits.  Cape Wind President Jim Gordon said, “This decision helps secure the position of Massachusetts as the U.S. leader in […]

  • 9 May 2012

    MMT Group has signed a long term charter agreement for the. Oceanstar is a 26 m converted Dutch fishing trawler. MMT Group have fitted her out with the latest state-of-the-art survey equipment including a Kongsberg EM2040 dual head multibeam system, Applanix POSMV 320 inertial system and QPS QINSy and Fledermaus software for acquisition and data […]

  • 3 April 2012
    Authorities, Business & Finance

    According to the Associated Press, the largest Massachusetts-based, investor-owned electric and gas utility, NStar decided to purchase power from Cape Wind offshore wind farm. The contract is worth $1.6 billion and is intended for15- years- long period. This is $940 million more that the market price of conventional electricity for the same period. The Cape […]

  • 2 April 2012
    Business & Finance

    Following the NSTAR / Cape Wind long term Power Purchase Agreement with the Massachusetts Department of Public Utilities, the Cape Wind President Jim Gordon released the stetement :  “Today’s filing of the Cape Wind/Nstar Power Purchase Agreement is about moving forward to deliver energy, environmental and economic benefits to Massachusetts and New England electric consumers. […]

  • 26 March 2012

    Connecticut’s consumer counsel is supporting the proposed merger of Nstar with Connecticut-based Northeast Utilities for USD 4.9 Billion, according to The Associated Press. NU agreed to many demands, those being USD 25 million rate credit for customers, a separate rate freeze on distribution costs and few others voiced by Connecticut in exchange for the approval. […]

  • 22 March 2012

    Cape Wind supporters and opponents testified about an approximately $300 million worth deal Boston utility Nstar has reached with the wind-power provider Cape Wind, yesterday at a state Department of Public Utilities hearing, reported Boston Herald. “We believe Cape Wind will turn into a big boondoggle for ratepayers,” said Robert Rio of the Associated Industries […]

  • 16 February 2012

    Alliance to Protect Nantucket Sound released statement regarding the NStar agreement to buy 27.5% of Cape Wind. “Ratepayers, municipalities, and businesses will be saddled with increased electric bills because of the state’s arm-twisting to force NStar to purchase power from this wildly overpriced project. Gov. Patrick has forced NStar to agree to this purchase as […]

  • 16 February 2012

    Gov. Deval Patrick announced yesterday that Nstar will buy 27.5% of electricity from the offshore wind project Cape Wind. If this offshore wind farm does not start spinning by 2016, Nstar will not have to buy electricity from Cape Wind, but it will need to find equal amount of clean energy from some other sources. […]

  • 4 October 2011
    Business & Finance

    Cape Wind Associates, the company behind the 130-turbine wind farm to be built in Nantucket Sound, are urging Massachusetts regulators… By Erin Ailworth (boston) [mappress] Source: boston, October 04, 2011

  • 26 September 2011
    Business & Finance

    The nation’s first offshore wind farm enjoys high-profile federal and state backing, but it hasn’t been able to win over one… (Associated Press) [mappress] Source: Associated Press, September 26, 2011

  • 28 March 2011
    Business & Finance

    State lawmakers gave every Massachusetts utility the same order in 2008: go buy more power from renewable energy sources.   By Jay Lindsay (therepublic) [mappress] Source: therepublic, March 28, 2011

  • 24 February 2011
    Business & Finance

    Cape Wind Communications Director Mark Rodgers releases statement on news of NSTAR land-based wind contracts. “Cape Wind, taken together with all of the planned land based wind and solar projects in the region, still do not satisfy the demand for clean energy in New England. NSTAR’s new contracts represent only a modest portion of the […]

  • 23 January 2011
    Business & Finance

    Cape Wind Associates is among the 16 parties approved to take part in the review process for the proposed utility merger between NStar and… By Kyle Alspach (masshightech) [mappress] Source: masshightech, January 24, 2011

  • 4 January 2011
    Authorities, Business & Finance

    Shareholders of NStar (NYSE:NST) will be asked to approve the proposed merger with Northeast Utilities (NYSE: NU) at a special meeting March…   (bizjournals) [mappress] Source: bizjournals, January 04, 2011

  • 23 December 2010
    Authorities

    The Patrick administration is signaling it will hold hostage the proposed Nstar-Northeast Utilities merger unless the two electric companies agree to buy Cape Wind power and prove they have “outstanding track records” on clean-energy issues. In a recent speech to utility insiders, Gov. Deval Patrick’s outgoing environmental and energy czar Ian Bowles said the regulatory […]

  • 30 November 2010
    Business & Finance

    NOW THAT utility regulators have approved National Grid’s deal to buy half the electricity generated by the Cape Wind project, another major… (boston) [mappress] Source: boston, November 30, 2010;

  • 18 August 2010
    Business & Finance

    The state Department of Public Utilities has ordered the utility NStar to rebid three renewable energy contracts awarded to wind farms in… By Beth Daley (boston) [mappress] Source: boston, August 18, 2010;

  • 12 July 2010
    Business & Finance

    The utility company NStar has made deals to buy electricity from three Western Massachusetts wind farms — but not Cape Wind, a controversial… [mappress] Source: boston, July 12, 2010;

  • 23 May 2010
    Business & Finance

    Representatives for the utility company NStar will meet with Cape Wind officials on Monday, NStar says. “They requested a meeting and we… [mappress] Source: boston, May 21, 2010;

  • 30 October 2020
    Grid Connection, Wind Farm Update

    Vineyard Wind has reached a transmission agreement with ISO New England (ISO-NE) for its 800 MW Vineyard Wind 1 offshore wind project in Massachusetts. The agreement allows the 800 MW wind farm to connect its generation into the New England electric power grid at the NSTAR 115kV switch station in Barnstable. The move comes after Vineyard Wind in September received final acceptance for filing from the Federal Energy […]

  • 9 December 2019
    Contracts & Tenders

    Siemens Gamesa has contracted FairWind for turbine pre-assembly work for the Borssele 1+2 offshore wind project in the Netherlands and the Yunlin project in Taiwan. The work for Borssele will take place at the Port of Esbjerg in Denmark, with pre-assembly of 94 Siemens Gamesa 8.0-167 DD towers planned to begin at the start of […]

  • 12 April 2018

    By: Jason Deign, for New Energy Update The US offshore wind sector ended 2017 on a slightly ironic note. Plans for Cape Wind, which was supposed to have been the country’s first offshore wind farm, were finally shuttered after a long period of uncertainty.[1] But prospects for the rest of the market looked better than […]